Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Gustavo Cuero

Gustavo Cuero has started 3 posts and replied 4 times.

How would I pull comps on a property listed as commercial but used as a residence? The property is 4.9 acres and the residence is 899 sq ft.

Post: Unfinished Residential apartments

Gustavo CueroPosted
  • Realtor
  • Austin, TX
  • Posts 4
  • Votes 0
I know of a residential apartment construction project that was abandoned and never finished. It’s just sitting there with a fence around it, the grass growing and the buildings not finished. And I’d like to know if it would be a good idea to wholesale it. My questions are: Would an unfinished construction project be a good investment? How do you figure out comps? Thanks.

Post: Determining how much is a house in the market for

Gustavo CueroPosted
  • Realtor
  • Austin, TX
  • Posts 4
  • Votes 0

@Kuba F.

I get it, find 3-5 properties and add the price they are being sold for and get the average. That number will the highest dollar amount your deal will sell for. Then multiply by 70% and that number will be the most any investor will purchase that property for.

On your blog post "how to find comps and calculate ARV" you talk about assigning a dollar amount to every feature. My question is how do you find figures for every feature, is there a formula for that. 

Post: Determining how much is a house in the market for

Gustavo CueroPosted
  • Realtor
  • Austin, TX
  • Posts 4
  • Votes 0
I understand ARV but when it come to figuring how much is a house on the market for is using the tax appraisal website better than apps like Homesnap or Redfin? I pulled up the actual house I live in an all three sources gave me a different market values and idk which is accurate.